HRC prices are falling fast. Flat rolled steel supply side fundamentals including decreased imports, relatively low service center inventory levels, rationalization of domestic steel mills, iron ore prices near 52 week highs and range bound US exchange rates look to be overwhelmed by weak demand and perhaps increasing imported tons to arrive in the coming months.. Domestic steel mill’s lead times have retreated while domestic flat rolled steel prices are falling at an increasing rate. Platts Midwest HRC price fell $20 to $570 while the TSI Daily HRC price was down $2 to $585. TSI ASEAN HRC fell $7 to $364. HRC Antwerp gained $9 to $422/st.